(Ritco) Ritco complete technical analysis [charts+indicators] | Buy/Sell Ritco | (Ritco) share price targets
Complete technical analysis of Ritco (Ritco) by charts plus indicators, forecast predictions and share price targets for Ritco (Ritco)
Showing technical analysis as on 2023-02-07 View latest technical analysis
10 day averaged volume of Ritco is 2945
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 150.25 | 150.50 | 150.50 | 142.95 | 4.539 times |
| 06 Mon Feb 2023 | 143.35 | 137.50 | 143.35 | 137.50 | 1.105 times |
| 03 Fri Feb 2023 | 136.55 | 135.05 | 142.35 | 133.40 | 1.021 times |
| 02 Thu Feb 2023 | 140.40 | 142.00 | 149.95 | 140.40 | 2.011 times |
| 01 Wed Feb 2023 | 147.75 | 156.05 | 162.00 | 146.80 | 0.582 times |
| 31 Tue Jan 2023 | 154.35 | 146.50 | 159.60 | 144.40 | 1.77 times |
| 30 Mon Jan 2023 | 152.00 | 163.90 | 163.90 | 152.00 | 1.307 times |
| 27 Fri Jan 2023 | 159.95 | 166.70 | 166.70 | 158.35 | 0.543 times |
| 25 Wed Jan 2023 | 166.65 | 180.00 | 180.00 | 165.00 | 1.454 times |
| 24 Tue Jan 2023 | 172.95 | 172.95 | 172.95 | 172.95 | 0.102 times |
Stock of Ritco (Ritco) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 142.2 or till 131.5. Use a stoploss of 151.16 and if the stock hits stoploss, then it can shoot up till 160.12
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 133.40 |
| Downside Target | 137.50 |
| Downside Target | 145.35 |
| Upside Target | 150.50 |
| Upside Target | 156.95 |
| Upside Target | 162.00 |
| Upside Target | 163.90 |
| Upside Target | 177.90 |
| Upside Target | 180.00 |
| Upside Target | 198.35 |
| Upside Target | 205.90 |
| Upside Target | 213.75 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 141.67 |
| Downside Intraday Target | 133.08 |
| Upside Intraday Target | 154.67 |
| Upside Intraday Target | 159.08 |
| Downside Intraday Target | 146.08 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 150.25 | 137.50 | 150.50 | 137.50 | 0.843 times |
| 03 Fri Feb 2023 | 136.55 | 163.90 | 163.90 | 133.40 | 3.034 times |
| 27 Fri Jan 2023 | 159.95 | 164.75 | 180.00 | 158.35 | 0.078 times |
| 20 Fri Jan 2023 | 156.95 | 148.75 | 156.95 | 139.40 | 1.323 times |
| 13 Fri Jan 2023 | 147.05 | 154.45 | 158.20 | 146.00 | 8.319 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ritco (Ritco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 150.25 | 156.05 | 162.00 | 133.40 | 0.161 times |
| 31 Tue Jan 2023 | 154.35 | 162.10 | 180.00 | 139.40 | 2.649 times |
| 30 Fri Dec 2022 | 160.70 | 190.10 | 205.90 | 145.35 | 1.04 times |
| 30 Wed Nov 2022 | 190.00 | 193.90 | 198.35 | 162.05 | 0.579 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ritco (Ritco)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 32, 18 | Sell |
| MACD | -10, -9 | Sell |
| Stochastics | 21 | Sell |
| CCI | -41 | Buy |
| RSI | 54 | Buy |
| OBV | -139573 | Sell |
| VWAP | 150 | Buy |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ritco ( (Ritco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ritco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ritco in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ritco in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ritco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 150.12 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.
Ritco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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